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LAKE PARSIPPANY WEATHER

Frequently Asked Questions

 

Q: Who is Lake Parsippany Property Owners Association (LPPOA)?

A: The LPPOA is a private lake association that maintains the lake, beaches, Clubhouse and other common property for the benefit of the Lake Parsippany community. 

Q: What is a Property Easement?

A: The Court found Lake Parsippany is a common interest community and that each of the 2200 property owners had been granted rights to the use of the common properties, including the lake, by virtue of an easement in their chain of title to their property, and by the fact that their lots are depicted on a map filed with Morris County at the time of the original development of the community.

Q: What is the Assessment?

A: The basic premise is that with the benefit of having certain deeded rights, you need to help with the burden of maintenance. The concept is often referred to as “Fair Share”. Basically, every home within the original purchase tract of Lake Parsippany will be required to pay annual dues and assessments. The annual dues for full membership allows the property owners and their families full privileges in the community. However, if you would like to waive certain privileges, you may pay a basic membership fee only. The Court reviewed this provision and determined that having a basic membership option available for those who wish to waive certain privileges was reasonable. 

Q: Who determines what fee I must pay?

A: You do-each property owner has the option to waive certain rights and pay a basic membership fee only.

Q: What is the Original Purchase Tract?

A: The map of Lake Parsippany was approved by the Township and filed with the Morris County Clerk at the time of the original development of the community, in eight sections, between 1933 and 1935. The properties included on that map are referred to as the original purchase tract. 

Q: Why is the LPPOA doing this now? 

A: The LPPOA must comply with State regulations related to lakes and dams. The LPPOA also pays for taxes, insurance, lake water quality management and dam inspections, which became increasingly difficult on voluntary payments. Because of these obligations, multiple courts in New Jersey have affirmed the rights of a private lake association to assess all properties in their community, even when membership was previously voluntary. After reviewing the status of the law, in 2017, LPPOA imposed a mandatory assessment of all residents of the community as a basic maintenance fee. 

Q: Can the LPPOA do this?

A: Yes, according to the Court. A group of property owners (Plaintiffs) filed a lawsuit against LPPOA in opposition to the mandatory fee, and the entire community was later joined in a class action suit. The Plaintiffs  argued that LPPOA did not have the authority to assess them, and the community, if it ever existed, had been abandoned long ago. The Court found not only did LPPOA have the authority to impose a mandatory assessment, but that it had administered the assessment fairly. 

Q: Who is affected?

A: All properties that fall within the original purchase tract of Lake Parsippany are members of LPPOA, as a result of the litigation. While all property owners are members of LPPOA, the Court specifically ruled that LPPOA can allow full membership and basic membership.

Q: What is the cost of membership?

A: Please visit our Membership Page for details.

Q: Will I receive an invoice?

A: Invoices for 2020 will go out shortly after the new year. For those of you who have paid the assessment each year, the invoice will include dues for 2020 only. If your property is not current on any dues from 2017 to 2019, the amount outstanding will be included in the 2020 invoice (at the basic rate of $115 per property). Details regarding payment will be included in the invoice. 

Q: What if I own multiple properties within the original purchase tract?

A: Each property that is owned as a separate lot will be assessed separately. The owner is responsible for each property’s assessment but may negotiate payment with a tenant if so desired. 

Q: What happens if membership fees are not paid?

A: Membership dues and assessments are mandatory. As the litigation was recently settled, all property owners will be given until 3/31/20 to bring their account current, including any prior assessments that were not paid. Owners who do not pay will be considered “not in good standing” under LPPOA’s By-Laws and the law affecting common interest communities. In order to make sure that the assessments that are being paid are not used on attorney’s fees to pursue delinquent accounts, LPPOA has established a collection policy that will make the delinquent assessment, late payment charges and costs of collections, including attorney’s fees, the responsibility of the delinquent owner. Accounts that are not current will be assessed with late fees, then turned over to our attorney for collections proceedings. 

Q: What is a member in good standing? 

A: Members in good standing are defined as members who have paid membership dues, assessments, fines, late payment charges, collection costs and are in compliance with all By-Laws, Rules, Regulations and Policies of LPPOA. Exceptions are made in certain circumstances, in compliance with statues and regulations governing common interest communities. 


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Lake Parsippany Property Owners Association

P.O. Box 62

Parsippany, NJ 07054